Robert Frist on healthcare training
From Nashville Business Breakfast Robert A Frist, Jr 12 11 13 · · Lipscomb University
“Simulation-based training is a big part of the future of healthcare, helping to build confidence and maintain skills for nurses and physicians.”
On , Robert Frist, Co-Founder, Chairman of the Board & Chief Executive Officer at HEALTHSTREAM INC, spoke about healthcare training during Nashville Business Breakfast Robert A Frist, Jr 12 11 13 on Lipscomb University.
About Robert Frist
Robert A. Frist Jr., co-founder, chairman, and CEO of HealthStream, discussed the company's role in healthcare education and the broader Nashville business community. He stated that HealthStream focuses on training healthcare workers to reduce preventable errors, noting that ten percent of patient harms result from avoidable mistakes. He said the company delivers education to about 60% of U.S. hospitals, with over 3 million subscribers using its platform. Frist described simulation-based training as a significant part of healthcare's future, helping build confidence and maintain skills for nurses and physicians. Frist also reflected on HealthStream's initial public offering in April 2000, which occurred during the dot-com bubble burst. He said the company was fortunate to raise capital at the end of that period, which helped build the business over the next decade. He advised that companies should focus on building the business and ignore Wall Street's volatility. Frist emphasized the importance of building a network for business growth, and said diversity in the boardroom brings different perspectives and fosters good debate. He also noted Nashville's role in the globalization of healthcare, stating that HealthStream is beginning to deliver training internationally through partnerships and the internet.